When it comes to tools for working in the hand, pneumatic tools are a popular choice. These tools, classified under HS Code 84671950, are specifically designed for tasks that require precise control and power. This article will provide an extensive overview of HS Code 84671950, including its product description, duty rates, quantity unit, special tariff preference programs, and information about importing and exporting to and from the United States.
The product description of HS Code 84671950 refers to tools that are operated by air pressure, also known as pneumatic tools. These tools are not of the rotary type and are not suitable for metalworking. Pneumatic tools are commonly used in a variety of industries, including automotive, construction, and manufacturing. They offer numerous advantages, including higher power-to-weight ratio, increased precision, and reduced operator fatigue.
Under the bound / MFN (Most Favored Nation) duty rate, countries are required to lower trade barriers or open up their markets for the same goods or services from all their trading partners. In the case of HS Code 84671950, the bound / MFN duty rate is free. This means that importing countries do not need to pay any duties when bringing in tools classified under this HS Code.
The quantity unit for HS Code 84671950 is "number" (NO). This unit signifies that the quantity of goods is measured in individual units.
Tools classified under HS Code 84671950 are eligible for various special tariff preference programs. These programs provide preferential treatment in terms of duty rates for specific countries. The following countries have special tariff preference programs for HS Code 84671950:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. Importers and exporters can take advantage of these programs to reduce or eliminate duties when trading tools classified under HS Code 84671950 with the specified countries.
When it comes to importing tools classified under HS Code 84671950 to the United States, there are no specific restrictions or requirements mentioned. However, it is always recommended to check with the relevant authorities, such as the U.S. Customs and Border Protection (CBP), for any updated regulations or documentation needed for importation.
For exporting tools classified under HS Code 84671950 from the United States, the destination states can vary. However, based on the provided data, it seems that New Hampshire is a significant exporter of these tools. New Hampshire offers a favorable business environment and infrastructure, making it an attractive location for manufacturing and exporting various goods, including pneumatic tools.
HS Code 84671950 encompasses pneumatic tools designed for working in the hand, excluding rotary type tools suitable for metalworking. These tools enjoy duty-free status under the bound / MFN duty rate. Additionally, they are eligible for special tariff preference programs in various countries, allowing importers and exporters to benefit from reduced or duty-free treatment. New Hampshire appears to be a prominent exporting state for tools classified under this HS Code.